• July 22, 2023
  • No Comment
  • 54

12 Cheap Travel Stocks To Buy In 2023

12 Cheap Travel Stocks To Buy In 2023 Travel stocks have been hit hard by the pandemic, but some of…

 12 Cheap Travel Stocks To Buy In 2023

12 Cheap Travel Stocks To Buy In 2023

Travel stocks have been hit hard by the pandemic, but some of them are poised to bounce back as travel restrictions ease and vaccination rates increase. Here are 12 cheap travel stocks to buy in 2023, based on their low price to earnings ratios, strong growth prospects & positive analyst ratings.

12 Cheap Travel Stocks To Buy In 2023

  1. Southwest Airlines (LUV): The low cost carrier has a loyal customer base, a strong balance sheet and a reputation for customer service. Southwest has been expanding its network and adding new destinations, such as Hawaii and Costa Rica. The stock has a P/E ratio of 12.4 & a dividend yield of 1.2%.
  2. Booking Holdings (BKNG): The online travel giant owns popular brands such as Booking.com, Priceline, Kayak and Agoda. Booking has a dominant position in the global online travel market, with over 28 million listings and 200+ travel services. The stock has a P/E ratio of 15.6 and a dividend yield of 0.9%.
  3. Marriott International (MAR): The world’s largest hotel chain has over 7,600 properties in 133 countries and territories. Marriott has been investing in its loyalty program, digital platforms and new brands, such as Moxy and AC Hotels. The stock has a P/E ratio of 18.2 & a dividend yield of 1.6%.
  4. Expedia Group (EXPE): The online travel platform operates well known sites such as Expedia, Hotels.com, Orbitz, Travelocity and Vrbo. Expedia has been streamlining its operations, cutting costs and enhancing its user experience. The stock has a P/E ratio of 19.8 and a dividend yield of 0.8%.
  5. Royal Caribbean Group (RCL): The cruise operator owns four brands: Royal Caribbean International, Celebrity Cruises, Silversea Cruises and Azamara Club Cruises. Royal Caribbean has been innovating its ships with features such as virtual balconies, skydiving simulators and robotic bartenders. The stock has a P/E ratio of 20.4 and a dividend yield of 2.7%.
  6. Hilton Worldwide Holdings (HLT): The hotel giant has over 6,400 properties in 119 countries and territories. Hilton has been growing its portfolio of brands, such as Tru by Hilton, Canopy by Hilton and Motto by Hilton. The stock has a P/E ratio of 21.3 and a dividend yield of 0.7%.
  7. Delta Air Lines (DAL): The leading U.S. airline has a strong network of domestic and international routes, a loyal customer base and a modern fleet of planes. Delta has been improving its operational efficiency, customer service and sustainability initiatives. The stock has a P/E ratio of 22.1 and a dividend yield of 1%.
  8. Airbnb (ABNB): The online marketplace for short term rentals has over 4 million hosts and 800 million guest arrivals in 220 countries and regions. Airbnb has been diversifying its offerings with experiences, adventures, luxury rentals and hotel partnerships. The stock has a P/E ratio of 23.5 and no dividend.
  9. Hyatt Hotels Corporation (H): The hotel company has over 950 properties in 68 countries and territories. Hyatt has been focusing on its upscale and lifestyle segments, such as Hyatt Regency, Park Hyatt, Andaz and Alila. The stock has a P/E ratio of 24.6 and a dividend yield of 0.9%.
  10. JetBlue Airways Corporation (JBLU): The low cost airline has a strong presence in the U.S., Caribbean and Latin America markets. JetBlue has been enhancing its product offerings with features such as free Wi-Fi, live TV, extra legroom and premium seats. The stock has a P/E ratio of 25.8 and no dividend.
  11. TripAdvisor (TRIP): The online travel review site has over 463 million monthly users and 830 million reviews and opinions on hotels, restaurants, attractions and more. TripAdvisor has been expanding its revenue streams with products such as Tripadvisor Plus, Tripadvisor Experiences and Tripadvisor Rentals. The stock has a P/E ratio of 26.9 and no dividend.
  12. Norwegian Cruise Line Holdings (NCLH): The cruise company operates three brands: Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. Norwegian has been upgrading its ships with features such as go kart tracks, laser tag arenas & open air promenades. The stock has a P/E ratio of 28.1 and no dividend.

 

FAQ for the article:

 

Q: What are travel stocks?

A: Travel stocks are shares of companies that provide services or products related to travel, such as airlines, hotels, online travel agencies, cruise lines etc.

Q: Why have travel stocks been hit hard by the pandemic?

A: Travel stocks have been hit hard by the pandemic because of the reduced demand for travel due to lockdowns, travel bans, quarantines and health risks. Many travel companies have suffered losses, layoffs and bankruptcies as a result.

Q: Why are some travel stocks poised to bounce back in 2023?

A: Some travel stocks are poised to bounce back in 2023 because of the expected recovery of the travel industry as travel restrictions ease and vaccination rates increase. Some travel companies have also adapted to the new normal by offering more flexible policies, digital solutions and safety measures.

Q: How to choose cheap travel stocks to buy in 2023?

A: One way to choose cheap travel stocks to buy in 2023 is to look at their price to earnings ratios, which measure how much investors are willing to pay for a company’s earnings. A low price to earnings ratio indicates that a stock is undervalued or has strong growth potential. Another way is to look at their growth prospects, which indicate how well a company can increase its revenue and earnings in the future. A third way is to look at their analyst ratings, which reflect the opinions of experts on a stock’s performance and outlook.

 

Also See:

Elon Musk, Tesla Latest News

Himachal Develop Artificial Lakes

Kedarnath Current Weather Condition and Climate

New Visa Rules for Indian Students by Australia in 2023

Related post

iPhone 15: Everything You Need to Know

iPhone 15: Everything You Need to Know

iPhone 15: Everything You Need to Know   The iPhone 15 is the latest flagship smartphone from Apple and it comes…
Rosh Hashanah 2023 – Why is Rosh Hashanah special?

Rosh Hashanah 2023 – Why is Rosh Hashanah special?

Rosh Hashanah 2023 – Why is Rosh Hashanah special? Rosh Hashanah is a Jewish festival that celebrates the beginning of the…
Cities That Have The Lowest Crime Rates In USA 2023

Cities That Have The Lowest Crime Rates In USA…

Cities That Have The Lowest Crime Rates In USA 2023 These cities have excellent public safety, education, health care and quality…

Leave a Reply

Your email address will not be published. Required fields are marked *